2021 Annual Report

For the year ended December 31, 2021 Consolidated Statement of Cash Flow Consolidated Statement of Cash Flow For the year ended December 31, 2021 Actual

Actual

2021

2020 Restated - Note 24

Operating transactions Annual surplus Items not utilizing cash Amortization Loss on disposal of assets

$

33,662,359 $

52,201,889

23,863,066 1,065,038 (16,435,062) (440,357) (4,550,168) 3,502,517 (150,135) (71,664) (1,205,428) 403,071 (307,415) 3,987,620 2,779,302 5,471,404 (202,900) 10,703,855

23,641,391 3,099,311 (21,023,012) (399,333) (13,155,174) (7,836,817) (187,666) (144,451) 2,624,954 518,259 (16,420) (5,560,873) (1,515,409) (3,151,736) (650,799) (8,084,141)

Contributed tangible capital assets Actuarial adjustment on debt Restricted revenues recognized Change in non-cash operating items Increase in prepaid expenses Increase in supplies inventory Decrease (increase) in accounts receivable Decrease in recoverable local improvements

Increase in other assets

Increase (decrease) in accounts payable and accrued liabilities Increase (decrease) in deferred revenue Increase (decrease) in refundable performance deposits

(Decrease) in employee future benefits

47,868,731

Cash provided by operating transactions

36,280,931

Capital transactions Proceeds on disposal of tangible capital assets Cash used to acquire tangible capital assets

139,110

96,614

(41,009,614) (40,870,504)

(48,520,994) (48,424,380)

Investing transactions Proceeds on disposal of land available for sale (Increase) decrease in portfolio investments

500,000

-

(60,562,493) (60,062,493)

74,217,909 74,217,909

Financing transactions Proceeds from debt issues

29,000,000 (2,260,235) 11,894,417 38,634,182

-

Debt repayment

(2,215,522) 7,312,362 5,096,840

Collection of restricted revenues

(Decrease) increase in cash and cash equivalents Cash and cash equivalents - beginning of year Cash and cash equivalents - end of year

(14,430,084) 130,961,876 116,531,792 $

67,171,300 63,790,576 130,961,876

$

The accompanying summary of significant accounting policies and notes to the Consolidated Financial Statements are an integral part of this statement.

City of Maple Ridge - 2021 Annual Report 43